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18 HOURS AGO - Benzinga

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Cameron May Find Support In Germany For A Better EU Membership

Upon his re-election as British Prime Minister, David Cameron pledged to begin negotiations with eurozone policymakers in order to revise the UK's membership within the EU.

Tags: Cameron May Find Support In Germany For A Better EU Membership,  Eurozone Latest News

MAY 22, 2015 - TheStreet

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Stock Market Today - Greece Urged to Complete Its Current Bailout

NEW YORK ( TheStreet) -- Greek Prime Minister Alexis Tsipras was urged by German Chancellor Angela Merkel and French President Francois Hollande to complete its current bailout at talks in the Latvian capital Riga. The danger that Greece will still accidentally leave the eurozone is high.Also: Securities and Exchange Commission Democratic member Kara Stein said in a statement that allowing ...

Tags: Stock Market Today - Greece Urged to Complete Its Current Bailout,  Eurozone Latest News

MAY 22, 2015 - MarketWatch

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Schaeuble reportedly brought up possibility of Greek parallel currency

German Finance Minister Wolfgang Schaeuble discussed the possibility Greece may need a parallel currency alongside the euro if talks with creditors fail, Bloomberg News reported, citing unnamed people familiar with his views. According to the report, he mentioned the idea at a recent meeting without endorsing it. He also cited the example of Montenegro, which is not part of the ...

Tags: Schaeuble reportedly brought up possibility of Greek parallel currency,  Eurozone Latest News

MAY 22, 2015 - Business Insider

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Germany's finance minister says Greece may have to invent a 'parallel currency'

Greece may have to bring in a "parallel currency" if progress stalls with in negotiations with the country's European creditors, according to outspoken German finance minister Wolfgang Schaeuble. Bloomberg reports that Schaeuble mentioned the idea of Greece bringing in a second currency — which could be the first step to a messy exit from the eurozone — at a private ...

Tags: Germany's finance minister says Greece may have to invent a 'parallel currency',  Eurozone Latest News

MAY 22, 2015 - Business Insider

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No, a parallel currency is not the answer for Greece

There is a theory running through financial circles that claims to offer Greece a get-out-of-jail-free card to its current problems and avoid the country being forced out of the single currency. The idea is fairly simple: Greece needs to launch a parallel currency alongside the euro so that it has the money to get its unemployed citizens back to work. ...

Tags: No, a parallel currency is not the answer for Greece,  Eurozone Latest News